Evan F Lilly Memorial Tr P13067007
Evan F Lilly Memorial Trust maintains over $11 million in assets with no reported officer compensation.
EIN: 136265493 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $818K |
| Program Spending | 85% |
| Net Assets | $11.7M |
| Transparency Score | 75/100 |
Is Evan F Lilly Memorial Tr P13067007 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Evan F Lilly Memorial Tr P13067007 directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Evan F Lilly Memorial Tr P13067007
Evan F Lilly Memorial Tr P13067007 (EIN: 136265493) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $3.3M and total assets of $11.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Evan F Lilly Memorial Tr P13067007's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Evan F Lilly Memorial Tr P13067007 is a mid-size nonprofit that has been operating for 57 years, with 7 years of IRS 990 filings on record (2014–2024). Revenue has grown at a compound annual rate of -5.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $556K |
| Total Expenses | $818K |
| Surplus / Deficit | $-261,936 |
| Total Assets | $11.7M |
| Total Liabilities | $1 |
| Net Assets | $11.7M |
| Operating Margin | -47.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 172.3 months |
Financial Health Grade: B
In 2024, Evan F Lilly Memorial Tr P13067007 reported a deficit of $262K with expenses exceeding revenue, holds 172.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2014–2024), Evan F Lilly Memorial Tr P13067007's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -45.7% | -7.2% | -3.0% |
| 2023 | +18.8% | -4.5% | +1.2% |
| 2022 | -42.0% | +17.0% | -0.3% |
| 2021 | +239.3% | +4.2% | +6.2% |
| 2020 | -30.8% | +37.2% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Evan F Lilly Memorial Tr P13067007 with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Evan F Lilly Memorial Tr P13067007 allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $262K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for a nonprofit of this asset size and suggests it may be managed by volunteers or through an external entity.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Evan F Lilly Memorial Tr P13067007's IRS 990 filings:
- NTEE Code is unknown, making it difficult to benchmark against similar organizations.
- Expenses exceeded revenue in multiple years (e.g., 2024, 2022, 2020), indicating reliance on asset drawdowns or prior year surpluses.
Strengths
The following positive indicators were identified for Evan F Lilly Memorial Tr P13067007:
- Consistent and substantial asset base, exceeding $11 million, indicating financial stability.
- Zero reported officer compensation across all filings, suggesting very low administrative overhead for executive salaries.
- Regular filing of IRS 990s (7 filings), demonstrating compliance and transparency in financial reporting.
- Minimal liabilities ($1 in recent years), indicating a healthy balance sheet.
Frequently Asked Questions about Evan F Lilly Memorial Tr P13067007
Is Evan F Lilly Memorial Tr P13067007 a legitimate charity?
Evan F Lilly Memorial Tr P13067007 (EIN: 136265493) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 75/100. It has 7 years of IRS 990 filings on record. Total revenue: $3.3M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Evan F Lilly Memorial Tr P13067007 spend its money?
Evan F Lilly Memorial Tr P13067007 directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Evan F Lilly Memorial Tr P13067007 tax-deductible?
Evan F Lilly Memorial Tr P13067007 is registered as a tax-exempt nonprofit (EIN: 136265493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Evan F Lilly Memorial Tr P13067007 located?
Evan F Lilly Memorial Tr P13067007 is headquartered in Chicago, Illinois and files with the IRS under EIN 136265493.
How many years of IRS 990 filings does Evan F Lilly Memorial Tr P13067007 have?
Evan F Lilly Memorial Tr P13067007 has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.3M in total revenue.
What is the specific mission of Evan F Lilly Memorial Tr P13067007?
The provided data does not specify the mission of the trust, only its financial information. Further investigation into its 990 forms or website would be needed to understand its programmatic focus.
How does the organization cover expenses when revenue is less than expenses, such as in 2024?
Given its substantial asset base (over $11 million), the organization likely draws from its endowment or investment returns to cover expenses when annual revenue falls short, as seen in 2024 where expenses ($818,160) exceeded revenue ($556,224).
Is the NTEE code 'Unknown' a concern for transparency?
While not ideal for classification, an 'Unknown' NTEE code in this summary data doesn't necessarily indicate a lack of transparency by the organization itself. It might be a data limitation in the provided summary. The actual 990 filing would typically contain this information.
Filing History
IRS 990 filing history for Evan F Lilly Memorial Tr P13067007 showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2024), Evan F Lilly Memorial Tr P13067007's revenue has declined by 42.2%, moving from $963K to $556K. Total assets increased by 7.1% over the same period, from $11.0M to $11.7M. Total functional expenses rose by 38.9%, from $589K to $818K. In its most recent filing year (2024), Evan F Lilly Memorial Tr P13067007 reported a deficit of $262K, with expenses exceeding revenue. The organization holds $1 in liabilities against $11.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $556K | $818K | $11.7M | $1 | — | View 990 |
| 2023 | $1.0M | $881K | $12.1M | $1 | — | View 990 |
| 2022 | $862K | $923K | $12.0M | $1 | — | View 990 |
| 2021 | $1.5M | $789K | $12.0M | $1 | — | View 990 |
| 2020 | $438K | $757K | $11.3M | $1 | — | View 990 |
| 2015 | $632K | $552K | $11.1M | $0 | — | View 990 |
| 2014 | $963K | $589K | $11.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $556K, expenses of $818K, and assets of $11.7M (revenue -45.7% year-over-year).
- 2023: Revenue of $1.0M, expenses of $881K, and assets of $12.1M (revenue +18.8% year-over-year).
- 2022: Revenue of $862K, expenses of $923K, and assets of $12.0M (revenue -42.0% year-over-year).
- 2021: Revenue of $1.5M, expenses of $789K, and assets of $12.0M (revenue +239.3% year-over-year).
- 2020: Revenue of $438K, expenses of $757K, and assets of $11.3M (revenue -30.8% year-over-year).
- 2015: Revenue of $632K, expenses of $552K, and assets of $11.1M (revenue -34.3% year-over-year).
- 2014: Revenue of $963K, expenses of $589K, and assets of $11.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Evan F Lilly Memorial Tr P13067007:
Data Sources and Methodology
This transparency report for Evan F Lilly Memorial Tr P13067007 is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.